VIDEO: Armstrong Marine USA rebrands as Brix Marine Port Angeles, Wash., based aluminum catamaran and workboat specialist Armstrong Marine USA has a new name: Brix Marine. "Our team has developed strong momentum with our boat portfolios and customers. As we
Port NOLA CEO receives 2020 Bertel Award Port of New Orleans (Port NOLA) President and CEO and CEO of the New Orleans Public Belt Railroad (NOPB) Brandy D. Christian has received the 2020 C. Alvin Bertel Award at a
Q-LNG ATB completes sea trials Quality Liquefied Natural Gas Transport (Q-LNG) reports that its LNG bunkering ATB built at Halter Marine has now successfully completed sea trials and is headed Elba Island, Ga., to load gas and
VIDEO: Port Everglades receives giant low profile container cranes Bigger ships require ports to have bigger cranes to work them and Port Everglades, Florida, has received three Super Post-Panamax container gantry cranes that are the largest of their kind in the
Callan Marine names new CFO Dredging contractor Callan Marine, Galveston, Texas, has hired Matt Sitka, CPA, MBA as its new Chief Financial Officer. A 15-year veteran of the industrial services, dredging, and marine construction industry, Sitka brings
MEPC 75 approves draft regs on decarbonizing existing ships As widely expected, IMO's Marine Environment Protection Committee (MEPC), which is holding its 75th session virtually November 16-20, has approved draft new mandatory regulations to cut the carbon intensity of existing ships.
Illinois seeks public comment on Marine Transportation System Plan The Illinois Department of Transportation is inviting the public to comment on its new Illinois Marine Transportation System Plan and economic impact analysis study. The feedback will help shape strategies to strengthen
Seanergy eyes strong post-pandemic capesize rebound Greece-based Seanergy expressed optimisim over dry bulk rates as it posted its third-quarter financial results. It said increased ore demand...
Bunkering ship in suspected hijacking off Togo Authorities are working to secure the release of the Togo-flagged bunkering vessel Stelios K after its owners lost contact with...
Dry bulk operator signs first English law Libor phase-out finance deal New transaction will be first of many to adopt a new reference rate, accounting for the demise of Libor. Existing...
GoodBulk reintroduces dividends as dry bulk outlook brightens Stimulus programmes that focused on infrastructure projects were increasing demand for cargoes such as iron ore, coking coal and bauxite...
Weekly briefing: Cheer for box carriers but tanker earnings down Third-quarter financial results for container lines have confirmed what many already expected - profits are soaring amid the coronavirus gloom...
IMO welcomes efficiency measures amid criticism of climate complacency IMO secretary general Kitack Lim has acknowledged that the new short-term carbon emissions reduction measures agreed this week are not...
Maersk to focus on buying containers rather than ships Despite a strong third quarter, Maersk is still cautious about the outlook for container demand for next year. It is...
Is video analytics the answer to safer ships and safer seas? Video Analytics can be used to detect or even predict unsafe situations, spot unintentional operator errors, or avoid accidents by...
Migrant rescue ship Maersk Etienne gets new owner and name Maersk Product Tankers has sold Maersk Etienne, the ship that was at the centre of an international furore over the...
Product tanker owners look to refinery closures for 2021 earnings lift The product tanker market relies on the dislocation between where refineries are located and where demand lies. Widespread closures as...
Felixstowe congestion to continue into December UK port says high container volumes may continue through into the New Year, claiming it is taking action to increase...
Daily Briefing Free to read: IMO approves new emissions measure for ships | Tanker markets in 'cash burn mode' as owners seek...
Zim 'no longer in distress' as it posts record profits Zim has no intention of competing on scale with its larger rivals, but will compete on profitability. After paying off...
Demand and freight rates push Maersk to $1bn profit in third-quarter Container shipping's remarkable year has paid off for the world's leading box carrier. Despite a dip in revenues, cost controls...
Maersk upgrades full-year guidance on rising global container volumes The company cites 'increased momentum' in global container volumes as a factor behind its improved outlook
KSOE seals $891m order for 10 VLCCs The very large crude carriers are scheduled to be delivered by March 2023. With the latest contracts, KSOE has won...
UK places maritime in 10-point green plan for net zero emissions Maritime UK said the British government was 'absolutely right' to view the maritime sector as critical to meeting the country's...
Port of LA launches Return Signal for trucking to address congestion Platform is designed to improve efficiency of returning empty containers.
New resources help aviation logistics firms plan for COVID-19 vaccine Logistics companies, apart from the big integrators, may feel like they're in an information black hole when it comes to preparation for the COVID-19 vaccine....
ZIM crushes all-time earnings records Net profit skyrockets by more than 2,800% to $144.4 million.
Commentary: Ocean freight data, automation the next big thing Where we're seeing the need for ocean freight-related ingenuity, logistics tech companies are beginning to fill the space, but we are far from seeing the...
Maersk Q3 profits surge - and Q4 looks even better Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.
Baltimore's 'inland' port takes shape on e-commerce demand Former Bethlehem Steel plant site at Sparrows Point, Maryland, attracts shippers and 3PLs to build Northeast distribution centers.
Crude settles higher following smaller-than-expected US crude build Recent progress on COVID-19 vaccines has bolstered longer-term demand outlook.
Maersk Q3 bunker consumption falls 6.5% on year Outlook unclear amid rising COVID infection rates.
CHINA DATA: October oil products output down 5% on year to 39.4 mil mt **Jet output down 21% on year, gasoil down 11% **Jan-Oct fuel oil output surges 44% on year
SAUDI DATA: Crude exports climb again in Sept, reaching 6.066 mil b/d **Output steady at just below 8.99 mil b/d OPEC+ quota **Total supplied to market fell to 9.035 mil b/d **Domestic stockpiles now at lowest since April
Rising LNG marine fuel prices blunt cost incentives for green switchover European LNG, gas markets support LNG bunker prices
IMO should be moving faster on shipping emissions: Environmental NGOs IMO draft amendments to MARPOL for carbon intensity reduction approved
FEATURE: Technology and transparency could be key to credit access for bunker industry **Technology for collaboration will strengthen case for credit **Credit now linked to climate credentials
RUSSIA DATA: Combined Novorossiisk, Primorsk crude exports down 31.8% in Jan-Sep **Oil products throughput at ports up 1.3% **Crude drop due to COVID, OPEC+
Gasum expands LNG bunker operations to ARA with Equinor Operations to be performed using two LNGBVs from Gasum's fleet
FUJAIRAH DATA: Oil products stockpiles climb to six-week high **Heavy distillates stocks down 52% since June 8 **South Korea, Kenya took fuel oil shipments **Fujairah is the most important bunkering hub in Middle East
UAE achieves 126% compliance with OPEC+ quota in Oct: ministry **Overall compliance since May is 101% **UAE breached quota in August **UAE is OPEC's third largest producer
JAPAN DATA: Nov. 8-14 oil product exports rebound 31% to 1.98 mil barrels **HSFO exports rise 29.1% on-week **LSFO exports fall 1.8% on-week
JAPAN DATA: Nov. 8-14 oil product output retreats 1.4% on week **LSFO output falls 22.6% on-week **Light distillates fall 1.5% on-week
Singapore HSFO prompt backwardation nears 10-month high on supply tightness Refiners running CDUs at reduced rates
Bunker company Propeller Fuels to establish new office in Greece **Company's first foray towards overseas expansion after it was formed in October 2017
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